News

Singapore private equity firm EMIA to invest in Cambodia’s FWF Full Well and Nisshin Logistics

Singapore-based private equity fund manager Emerging Markets Investment Advisers (EMIA), has on Thursday announced its investment in FWF Full Well and Nisshin Logistics (FWF), Cambodia’s logistics service provider, through its new fund, ASEAN Frontier Markets Fund (AFMF).

Singapore’s Sea Ltd winds down investment arm – report

New York-listed Sea launched Sea Capital in March 2021 with initial capital of $1 billion after buying Hong Kong's Composite Capital Management.

ChatGPT app is now available in Malaysia; ranks first on App Store’s Top Chart

A check on App store's top charts on Thursday showed that ChatGPT now ranked number one on the list.

Crypto.com obtains license to offer digital payment token services in Singapore

Singapore-based cryptocurrency exchange company Crypto.com announced Thursday that it has received its major payment institution (MPI) license for digital payment token (DPT) services from the Monetary Authority of Singapore (MAS).

Paywatch partners KB Bukopin to empower Indonesian workers with bank-backed EWA service

Paywatch, a Singapore-based earned wage access (EWA), has partnered with Bank KB Bukopin, to launch the first bank-backed EWA service in Indonesia, aimed at promoting greater financial inclusion and improving the financial well-being of employees.

Temasek’s GenZero backs $50M investment in US greentech CleanJoule

GenZero, a decarbonization-focused investment platform company of Temasek based in Singapore, has backed the $50 million investment in CleanJoule, the United States-based startup focused on the production of sustainable aviation fuel (SAF).

Singapore’s Hybr1d raises $3.2M to power AI-driven IT and HR solutions

Hybr1d, a Singapore-based workforce management platform, has on Thursday announced the completion of a $3.2 million pre-seed round of financing from Global Founders Capital, MS&AD, 468 Capital, and 1982 Ventures.

Malaysian regulator seeks to transform agri sector via FinTech, alternative financing

Malaysian regulator the Securities Commission Malaysia (SC) is encouraging wider adoption of financial technology (fintech) in agriculture in order to help in achieving the country’s food security agenda.

Society Pass’s Thoughtful Media acquires Indonesia-based KOL management agency Newave Strategic

Thoughtful Media Group Inc (TMG), the Thailand-based social commerce-focused, premium digital advertising network of Society Pass Incorporated (SoPa), has on Wednesday announced the acquisition of Newave, an Indonesia-based KOL management agency.

Google Cloud and MCI collaborate to advance Singapore’s national AI strategy

Google Cloud and the Ministry of Communications and Information (MCI) in Singapore have on Wednesday shared plans to collaborate to bolster Singapore’s artificial intelligence (AI) vision and strategy.